The End Child Poverty Act Would Dramatically Reduce Poverty
Posted by privatize_the_ssa
The End Child Poverty Act Would Dramatically Reduce Poverty
Posted by privatize_the_ssa
7 Comments
Bill name checks out
WHAT 🙀
Yes, and people die if they are killed.
Bill would cost, according to the article, $270 billion a year. Or in other words, $2.7 trillion over 10 years.
To compare, Biden’s Child tax credit proposal would “just” be $1.5 trillion over 10 years.
This would be a pretty huge expenditure, and at a time when the debt is getting more and more out of control. We frankly need austerity, not more spending. The policy itself is fine enough – but how will we pay for it?
This is largely a red and purple state problem. They can figure it out on their own.
https://www.census.gov/content/dam/Census/library/stories/2024/09/acs-child-poverty/figure-2-child-poverty.jpg
Phased out for joint filers at $40,000. I hate to sound coastal elitist, what household is making under $40k assuming you have two working parents? Both parents would have to be making the federal minimum wage?
this + remove all itemized deductions and get rid of the head of household filing status